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Gold/Mining/Energy : KOB.TO - East Lost Hills & GSJB joint venture -- Ignore unavailable to you. Want to Upgrade?

To: johnlag who wrote (228)	11/27/1998 3:22:00 PM
From: cash money	Respond to of 15703

Making my own evaluation I found SOG to be the most undervalued HTP was second and KOB was third. I based this on potential asset/share after this play pans out. I found that if based on only half of what John evaluated we still will see easy triples from current levels on these three stocks. I have been in and out of SOG HTP and KOB so far. Hey John I can't sleep either! Best of luck Cash Money

To: johnlag who wrote (228)	11/27/1998 6:15:00 PM
From: Salt'n'Peppa	Respond to of 15703

John, I have a question about Kookaburra. Is it legal for the directors to issue themselves a million shares at 71 cents, when the stock price is at 95 cents? It seems to me that this should be illegal, and I am surprised that the TSE has allowed it, without asking shareholder approval. What is to stop them issuing themselves 10 million shares at 10 cents? Do you know the answer to this? They are diluting our shares, after we have taken all the risk and they have seen the potential rewards. It seems like an underhanded move by the KOB directors. They should have been issued at $2.00 or more.